October 26, 2016 4:44 PM ET

Food Products

Company Overview of Lotte Co., Ltd.

Company Overview

Lotte Co., Ltd. produces and sells sweets, ice creams, and other products. It offers beverages, smoking goods, sundries, dairy products, frozen foods, chocolates, doughnuts, chewing gums, cookies, candies, biscuits, foodstuffs, heavy chemicals, and other gift sweets; owns and operates a baseball team, restaurants and coffee shops, golf courses, a hotel, an indoor theme park, and duty free shops; provides casualty and life insurance agency services, real estate related operations, tourism services, finance options, and magazine publishing services; and manufactures, maintains, services, and rents and leases equipment and fixtures. The company also trades sweets, agricultural and fishery produ...

20-1, Nishi-shinjuku 3-chome


Tokyo,  160-0023


Founded in 1948


81 3 5388 5617


81 3 3375 1293

Key Executives for Lotte Co., Ltd.

Chairman and Chief Executive Officer
Age: 93
President and Representative Director
Age: 72
Compensation as of Fiscal Year 2016.

Lotte Co., Ltd. Key Developments

Lotte Seeks Financing Through IPO

Lotte Co., Ltd. is seeking financing through an initial public offering. Lotte chairman plans to reshape conglomerate, pursue hotels IPO Restructuring to simplify ownership, boost transparency. A spokesman of Lotte Co., Ltd said Lotte needs to discuss plans for the hotels IPO with regulators and other advisors before committing to any definite timing. The group will reconsider the original terms of the planned offer, it said. The spokesman said the KRW 40 trillion investment plan will cover M&A that Lotte is currently pursuing, capital expenditure and research and development.

Lotte Seeks Acquisition

Lotte Co., Ltd. is planning to seek mergers and acquisitions. No longer plans for an IPO.

Lotte No Longer Eyeing Duty Free Americas

Lotte Co., Ltd. has dropped its plans to acquire Duty Free Americas, Inc. "The group has effectively given up on the potential acquisition of a U.S. duty-free operator worth KRW 1.7 trillion ($1.5 billion), now that the initial public offering of its hotel unit has been indefinitely delayed due to the ongoing investigations," said a Lotte official on condition of anonymity.

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